Nokia Lumia 710 Price slashed in India

Nokia Lumia 710, the mid-range smartphone from Nokia just got a significant price cut in India few days before. Lumia 710 was introduced in India with the price of Rs.19,990 ( approx 400 USD) a month ago. Now Nokia Lumia 710 got a 20% price cut and its on sale for Rs. 15000 range (approx 300 USD). We are not sure about the reason behind the huge price drop of the device just a month after its launch but this will definitely ramp up the sales of the device.